Stay Up-To-Date on All Things Finance

Happy St. Patrick’s Day! As we end another interesting and volatile week in markets, we wanted to share some updates and observations.

Given the turmoil in the market today surrounding the FDIC takeover of Silicon Valley Bank (SVB), we thought some context may be helpful.

We just completed the Boyd Wealth Management 2023 Economic Outlook breakfast, which was our 15th annual! In case you missed the event, Ryan and I recorded a brief video recapping the Outlook and going over our Asset Allocation Quilt, including our favorite slides from the presentation.

As an advisor, it can be hard to keep investors focused on what works in the long term when it seems everything is working in the short term. Diversification often looks overly prudent, especially near the end of a giant bull market. It's during these periods that diversification really proves its worth. Here are some examples of those high fliers and where diversification helps investors.

Many businesses are experiencing record profits these days, despite a tight labor market and softening economy. Offering a company-sponsored retirement plan can help reduce income taxes for business owners while also serving as a valuable retention benefit for employees.

In 1986, Lou Holtz was tapped as Head Coach of the then-struggling Notre Dame Fighting Irish football team. By the time he left the university 11 seasons later, he’d racked up 9 Bowl appearances, 5 Bowl victories, and one National Championship! He later revealed a vital question that he demanded players repeatedly ask themselves. It goes by the acronym W.I.N. – What’s Important Now?